I will be filing a complaint with the U.S Treasury and the Attorney General of the state to get answers. Further harming consumers like this during a national crisis is unjustifiable. I can see so many people are going through the same thing with this company. They probably are making some ppp loans to people but they are also committing large amounts of ppp loans by identity fraud. This company procedures and policies is unfair and very deceptive. Average of 801 Customer Reviews Customer Complaints 6 complaints closed in last 12 months Read Complaints File a Complaint BBB Rating & Accreditation This business is not BBB Accredited Years in. ![]() ![]() The SBA claims that I am approved and should have received the funds. The UT team analyzed SBA data, flagging approximately 30 percent of PPP loans through Blueacorn lenders to be suspicious, using several indicators of fraud. Independent contractors in real estate may. I’m still in the database that I received the loan. MooveGuru recently partnered with Blue Acorn to provide independent contractors with the ability to get a PPP (Paycheck Protection Program) loan. I was told an adverse action has been taking and I was denied and that was final without any explanation as to why. When I reached out to see why they didn’t fulfill their promise. I made many attempts to speak to someone regarding this issue to be told by their agents that my file has been check and everything looks good for funds to be disbursed. Answer (1 of 2): Blue Acorn is NOT a scam, they just have really bad. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. BlueAcorn PPP Application Join 10,000s of Other Business and Apply For a 100. I was told I would receive my funds within the week but never have. As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. I was approved on and signed all of the documents. I will be filing a complaint with the U.S Treasury and the Attorney General of the state to get answers.I applied for a loan with Blueacorn under the CARES Act. I contact the lender in November 2022 regarding my loan forgiveness status. ![]() I can see so many people are going through the same thing with this company. I am a small minority business that received a PPP loan from Prestamos via Blue Acorn. This company procedures and policies is unfair and very deceptive. Today I will introduce this company and share an online Blue Acorn PPP loan review to help you determine if it is legitimate or a scam. The SBA claims that I am approved and should have received the funds. However, many negative reviews about the Blue Acorn PPP loan consider it a scam. I’m still in the database that I received the loan. Established by the CARES Act, it is a refundable tax credit a give, not a loan that you can claim for your business. I was told an adverse action has been taking and I was denied and that was final without any explanation as to why. PPP Blue Acorn Reviews ERC is a stimulus program designed to assist those companies that had the ability to preserve their employees throughout the Covid-19 pandemic. ![]() I was told I would receive my funds within the week but never have. I applied for a loan with Blueacorn under the CARES Act. As of April 26, the 25 customer reviews of Blueacorn on the BBB websitewhich, by the way, arent factored into the BBB ratingaveraged out to 1.28 out of 5 stars.
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